321 Walnut St Santa Paula, CA 93060
Santa Paula AreaEstimated payment $5,079/month
Total Views
13,089
4
Beds
2
Baths
2,281
Sq Ft
$394
Price per Sq Ft
Highlights
- Cottage
- West Facing Home
- Wall Furnace
- Tile Flooring
- Chain Link Fence
About This Home
Income Producing Multi Unit Property in Santa Paula's Historic DistrictA rare opportunity to acquire a three-unit residential investment in one of Santa Paula's most stable and historically desirable neighborhoods. This property offers diversified rental income, strong tenant demand, and multiple paths for value creation.Investment Highlights Three total units across two structures Front house: 3 bedrooms, 1 bath -- ideal for a higher anchor rent or owner occupancy Rear duplex: Two 1 bed/1 bath units -- consistently in demand among singles, couples, and local workforce renters On site parking for first-come, first-served -- a premium amenity in the historic district Low vacancy location with long term tenant stability Multiple income streams on one parcel, reducing risk exposureOperational Advantages Separate structures create privacy, reducing tenant friction and turnover Straightforward layouts that are easy to maintain Strong rental comps in the area for both 1 bed and 3 bed units Potential to increase rents, modernize interiors, or reposition the front house for premium returnsMarket & Location Strength Situated in Santa Paula's historic district, known for charm, walkability, and steady rental demand Close to downtown amenities, employment centers, schools, and transit Area continues to see rising interest from investors seeking stable, supply constrained marketsUpside Potential Value add opportunities through cosmetic upgrades Potential for improved operating efficiency and stronger year over year cash flow
Listing Agent
eXp Realty of California Inc License #00577863 Listed on: 04/28/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- 1 Common Wall
- West Facing Home
- Chain Link Fence
- No Sprinklers
Home Design
- 2,281 Sq Ft Home
- Cottage
- Property Attached
- Cosmetic Repairs Needed
- Fixer Upper
- Raised Foundation
- Slab Foundation
- Composition Roof
- Stucco
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- Parking Available
- Driveway
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Additional Features
- Gas Range
- Laundry Located Outside
Listing and Financial Details
- Assessor Parcel Number 1000165105
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- Historic District 0516 Subdivision
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $11
- Gross Income $39,000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,673 | $229,107 | $126,327 | $102,780 |
| 2024 | $2,673 | $224,615 | $123,850 | $100,765 |
| 2023 | $2,618 | $220,211 | $121,421 | $98,790 |
| 2022 | $2,544 | $215,894 | $119,041 | $96,853 |
| 2021 | $2,536 | $211,661 | $116,707 | $94,954 |
| 2020 | $2,525 | $209,492 | $115,511 | $93,981 |
| 2019 | $2,388 | $205,386 | $113,247 | $92,139 |
| 2018 | $578 | $43,773 | $13,971 | $29,802 |
| 2017 | $583 | $42,916 | $13,698 | $29,218 |
| 2016 | $553 | $42,076 | $13,430 | $28,646 |
| 2015 | $531 | $41,446 | $13,229 | $28,217 |
| 2014 | $532 | $40,636 | $12,971 | $27,665 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $899,000 | -- | $394 / Sq Ft |
Source: Ventura County Regional Data Share
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
About the Listing Agent
Kay has been in full-time real estate since 1976. She is certified competent in many areas of real estate. She is known for her commitment to working early and late and her very hands-on management style. She remains the “first phone” on every transaction, and her market area is comfortably in Ventura County. She has specialties in ranches and land, historic homes, seniors’ real estate, and probate sales. She is trained in consulting with divorcing clients, helping people navigate the waters of
Kay's Other Listings
Source: Ventura County Regional Data Share
MLS Number: V1-36040
APN: 100-0-165-105
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